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Old 03-08-2017, 11:38 AM   #51
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Re: SnapChat IPO

WeChat is generating $1b+ annual profits. That's probably SNAP (or any other messenger)'s endgame.

I am not sure SNAP has the critical mass in any market that WeChat does in China to monetize with payment services and so on.
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Old 03-08-2017, 11:41 AM   #52
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Re: SnapChat IPO

- acquire venmo, try to become the american version of WeChat

- try to build their own version of Magic Leap via spectacles, then dominate the industry of augmented reality that maybe becomes "the" thing 10 years from now.
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Old 03-08-2017, 02:55 PM   #53
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Re: SnapChat IPO

There's a better chance of PayPal buying Snap than them selling Venmo to Snap.
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